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Abandoned Baby
Belt Hold
Breakaway
Concealing Baby Swallow
Doji Star
Dragonfly Doji
Engulfing
Gravestone Doji
Hammer
Harami
Harami Cross
Homing Pigeon
Inverted Hammer
Kicking
Ladder Bottom
Mat Hold
Matching Low
Meeting Lines
Morning Doji Star
Morning Star
Piercing Line
Rising Three Methods
Separating Lines
Side by Side White Lines
Stick Sandwich
Three Inside Up
Three Line Strike
Three Outside Up
Three Stars In the South
Three While Soldiers
Tri Star
Unique Three River Bottom
Upside Gap Three Methods
Upside Tasuki Gap

Three White Soldiers
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Pattern: reversal
Reliability: high

Identification
Three long white days occur with each successive open being within the body of the previous day and each successive close being higher than the previous day and near the day’s high.

The Psychology
In a downtrend or during a pullback within an uptrend, the three long white candles speak for themselves. If volume accompanies the move, the reliability of the pattern increases significantly.

The bullish Three White Soldiers is similar to the bearish Advance Block and bearish Deliberation and could be the beginning of the bullish Three Line Strike.



Here is an example of a bullish Three White Soldiers formation that formed well into CP's uptrend. I personally think it's a little late to chase the stock, so this merely serves as an example of what this pattern looks like.

 

 

 

 

 

 

 

 



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